Glythera, a biotech spin-out from the University of Bath, has raised £700k ($1m) from commercialisation company the IP Group.
The funding is the result of the UK-based firm hitting commercial milestones following a £600k investment from the IP Group last year, which was used to entice Glythera to relocate in the north east of England.
Now based in Newcastle’s INEX incubator, Glythera plans to use the funding to increase its headcount as it moves towards further milestones and a third…
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Global University Venturing (GUV) is where tech transfer, academic and investment experts meet to explore the latest ideas and technologies driving innovation forward. We drive the discussions and share best practices that are critical to the success of spinouts, scaleouts and innovation programmes. Our aim is to help improve the processes of bringing innovations from academia to global markets and facilitate their integration into the broader business ecosystem.
